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ConocoPhillips warns of US crude oil supply plateauing because of low prices
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ConocoPhillips warns of US crude oil supply plateauing because of low prices
Crude oil supply in the United States will likely plateau and even slightly decline if the price of oil remains in the low $60s or drops further, one top oil executive warned. For months, oil and gas producers have cast doubt on whether the markets can support the Trump administration’s efforts to “drill, baby, drill”... The post ConocoPhillips warns of US crude oil supply plateauing because of low prices appeared first on Daily Truth Report • …
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